Today, USAID launched the Feed the Future Nigeria Agribusiness Investment activity to help promote 5000 small and medium enterprises that will expand opportunities for agribusiness borrowers and lenders. The activity will be implemented in seven states of Kaduna, Niger, Kebbi, Benue, Delta, Ebonyi, and Cross River.
The five-year, $15.7 million program will also facilitate the growth of existing private sector agribusinesses and work with other selected agribusinesses—including suppliers, financiers, investors, service providers, and producer organizations in the rice, maize, soybean, aquaculture, and cowpea value chains.
“Through this initiative, the U. S. government aims to work with the people of Nigeria to improve the ease of doing business in the agricultural sector,” said Ambassador Symington at the launch.
The Governor of Cross River State Senator Ben Ayade and the Governor of Kebbi State Senator Abubakar Bagudu were also at the event.